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Compute and Interpret Liquidity, Solvency and Coverage Ratios Selected balance sheet and income statement information for...


Compute and Interpret Liquidity, Solvency and Coverage Ratios Selected balance sheet and income statement information for Nor
(a) Compute the following liquidity, solvency and coverage ratios for both years. Round all your answers to two decimal place
2016 cash from operations to total debt = 0 x 2015 cash from operations to total debt = 0 x 2016 free operating cash flow to
Compute and Interpret Liquidity, Solvency and Coverage Ratios Selected balance sheet and income statement information for Nordstrom, Inc. for 2016 and 2015 follows. ole ($ millions) 2016 2015 Cash $ 595 $ 827 Accounts receivable 196 2,306 Current assets 3,014 5,224 Current liabilities 2,911 2,800 Long-term debt 2,795 3,123 Short-term debt 10 8 Total liabilities 6,827 6,805 Interest expense 153 156 Capital expenditures 1,082 861 Equity 871 2,440 Cash from operations 2,451 1,220 Earnings before interest and taxes 1,101 1,323
(a) Compute the following liquidity, solvency and coverage ratios for both years. Round all your answers to two decimal places. 2016 current ratio = 1.04 2015 current ratio = 1.87 2016 quick ratio = 0.28 * 2015 quick ratio = 0 al
2016 cash from operations to total debt = 0 x 2015 cash from operations to total debt = 0 x 2016 free operating cash flow to total debt = 0 2015 free operating cash flow to total debt = 0
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Answer #1

solution quick ratio = quick assets current liabilities (cash treceivable) curent liabilities = 2016 quick ratio = (595+196)w free operations cash flow to total debt w uw er m m free cash flow oferating cash flow(-) Capital expenditure Preu cash flohi...i tried my level best..if you have any doubt please comment me...thank you

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